Emergent Metals (CVE:EMR) Stock Price Up 36.4% – Here’s Why

Shares of Emergent Metals Corp. (CVE:EMRGet Free Report) shot up 36.4% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 116,000 shares were traded during trading, an increase of 99% from the average session volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Price Performance

The firm has a market cap of C$2.41 million, a price-to-earnings ratio of -1.50 and a beta of 0.79. The stock has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.07. The company has a debt-to-equity ratio of 3.35, a current ratio of 0.11 and a quick ratio of 0.23.

Emergent Metals Company Profile

(Get Free Report)

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, silver, molybdenum, copper, base, and other mineral deposits. The company was formerly known as Emgold Mining Corporation and changed its name to Emergent Metals Corp.

Further Reading

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